Focus on high volume breakouts
If you want longer hold setups, focus on ultra high volume breakouts. PDD had 42 million shares traded on breakout day. Obviously that kind of volume on that kind of price is not contributed by traders trading 5 to 100k accounts. Big buy interest indicates funds buying.
This also works on short side. PDD had 56 million breakdown. It went down 30% after that.
If you want to make money learn how to find and trade these kind of setups.
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